On average, listings lease in the $20's per square foot per year. The Northwest Crossing submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Houston Metro market, the Northwest Crossing region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 305 listings have come on the market, so you'll want to check back regularly for new listings. About 38% of the available leases in the Northwest Crossing are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 640 sqft. Most properties in this area are close to 6 stories. Most buildings in this market were built in 1981 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this area. Most of the occupants of Northwest Crossing work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Northwest Crossing.
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